Category Archives: Business

Trump a pariah? New $100 million bank loan suggests not

NEW YORK (AP) — A bank's decision to loan Donald Trump's company $100 million is the latest evidence the former president might survive fraud investigations and a business-world backlash over his efforts to stay in office after losing the 2020

Did Amazon violate federal laws? Lawmakers ask for DOJ probe

WASHINGTON (AP) — Lawmakers followed through Wednesday on their threat to seek a criminal investigation of Amazon, asking the Justice Department to investigate whether the tech giant and senior executives obstructed Congress or violated other federal l...

Newsom wants tax rebate, touts ‘California Way’ of governing

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom proposed sending money back to taxpayers to offset record-high gas prices but rejected calls to increase oil drilling, saying he wants to free the state “once and for all from the grasp

Europe faces pressure to join US, British ban on Russian oil

BRUSSELS (AP) — Europe faces a tough choice: Is it worth a recession to choke off oil and gas money to Russia while it fights a war in Ukraine?

Judge favors boosting Sackler payment in Purdue Pharma deal

A judge said Wednesday that he would approve a plan that locks members of the Sackler family who own OxyContin maker Purdue Pharma into pumping at least another $1.2 billion into a nationwide lawsuit settlement that, if ultimately confirmed, would

Young Ukrainian dancers, trapped abroad, get Paris residency

PARIS (AP) — The dancers are torn between body and mind — physically on stage in Paris but in spirit back home in Kyiv. In other circumstances,

Biden signs order on cryptocurrency as its use explodes

WASHINGTON (AP) — President Joe Biden on Wednesday signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.

COVID-19 cases, deaths continue to drop globally, WHO says

LONDON (AP) — The number of new coronavirus cases and deaths globally have continued to fall in the past week, the World Health Organization said Wednesday, with only the Western Pacific reporting an increase in COVID-19.

1 million children leave behind lives, friends in Ukraine

ZAHONY, Hungary (AP) — After bombs started falling in her hometown of Kharkiv, Annamaria Maslovska left her friends, her toys and her life in Ukraine and set off on a days-long journey with her mother toward safety in the West.

Austria suspends vaccine mandate before enforcement starts

BERLIN (AP) — Austria's government said Wednesday it is suspending the country's coronavirus vaccination mandate for most adults, arguing that there’s no need to implement it at present only a week before its enforcement was due to begin.

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